Price Formula

 

Iranian Crude Oil Official Selling Price Formula

 [for: November 2008]

 

Region

  North West Europe* Mediterranean Sidi Kerir South Africa   Asia

Grade

Price

Index

(FOB Kharg) (FOB Kharg)

(FOB SidiKerir)

(FOB Kharg) Price

Index

(FOB Kharg)
Iran Light Ice

Bwave

-4.80 -5.90 -4.00 -4.80 Average

(Oman,

Dubai)

-0.35
Iran Heavy -6.65 -7.70 -5.80 -6.65 -2.87
Forozan Blend -6.70 -7.75 -5.85 -6.70 -2.80
Soroosh Iran

Heavy

- -5.30 - - Iran

Heavy

-11.53
Nowrooz - -4.70 - - -10.93
*: Freight adjustment to be applied.

 

2008 :  Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec